Rain, which issues credit cards that let customers settle payments in stablecoins, has raised $24.5 million in a funding round led by AVAX token, to launch a Visa card that lets customers make payments using their AVAX tokens and stablecoins like USDC and USDT at any store that accepts Visa.
“You have assets…they can be in USDC or Avalanche tokens and you get seamless access to spending capacity,” Malik said.
